The Digital Bros, the parent company of 505 Games, has revealed plans to reduce its workforce by around 30%, a significant measure in response to an “organizational review of its development studios and publishing units.” Based in Milan, the company, with subsidiaries like Kunos Simulazioni and DR Studios, cited changes in the video game market post-pandemic as a determining factor.
In an official statement released on Tuesday, Digital Bros mentioned that the video game landscape has become more demanding, with consumers preferring established Intellectual Properties and longer playtimes for familiar titles. This shift has led Digital Bros to realign its strategy, focusing on sequels and new versions of previous successful games, with limited emphasis on new high-budget productions.
The restructuring initiative is expected to result in a 30% reduction in the workforce, with a significant concentration of these changes occurring in the company’s studios. With a global presence and offices in the United States, France, Spain, Germany, China, Japan, Australia, Canada, and its headquarters in Italy, Digital Bros aims to streamline its operations to achieve maximum efficiency in the evolving competitive landscape in the medium and long term.
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